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Exercise 12-08 The following information is available for Blue Spruce Corp. for the year ended December 31, 2022. Beginning cash balance Accounts payable increase Depreciation

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Exercise 12-08 The following information is available for Blue Spruce Corp. for the year ended December 31, 2022. Beginning cash balance Accounts payable increase Depreciation expense 6.720 145.600 51.200 nventory decrease Net Income Cash received for sale of land at book valve Cash dividends paid Become a payable de Cash used to purchase and Cash used to redeem bonds Cash received from issuing stock 113.400 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Blue Spruce Corp. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to

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